how to maximize impulse sales in your queue

1
THE OPPORTUNITY: HOW TO MAXIMIZE IMPULSE SALES IN YOUR QUEUE WITH IN-QUEUE MERCHANDISING Up to 65% of retail sales ARE DRIVEN BY IMPULSE SHOPPING How can you maximize your share of these sales in the ONE place where your customers are waiting around? Streamline the flow of customers through your queue. 1 THE PROBLEM: Customers will walk away at the sight of an unorganized or seemingly too-long queue. Before you can even think about merchandising, think about the line itself. Organize the formation and structure of your queue for maximum productivity. THE SOLUTION: Merchandising in the queue can transform otherwise idle space into profit-generating, customer-satisfying space. WHAT YOU’LL NEED: A smart formation Choose a single-line queue to maximize merchandising opportunities and minimize wait times. Stanchions Outline the formation of your line to give it structure. Belts & Merchandising Panels Connect stanchions together to create customer flow. Signage Give customers instructions on where the line forms and where to wait for the next open register. ENTER Be smart about merchandising. 2 $ $ THE SOLUTION: WHAT YOU’LL NEED: $ Turning an ordinary queue into a profit center can be quick and easy with the right merchandising system. Merchandising & display panels combine with line-forming stanchions to create an orderly, interesting, and productive queue. Accessories such as merchandising bowls, baskets, shelves, and hooks offer a compelling way to present the products that are right for your shoppers. ENTER Measure, test, and optimize. 3 Strike the right balance between merchandising mix and wait times. Prove the combination you’ve chosen is really working. THE OPPORTUNITY: Optimize your front-end merchandising plan. Merchandising analytics can deliver key queuing-related data such as impressions and dwell time. Combined with product sales data, you can have a clear view into your front-end merchandising approach. THE SOLUTION: HOW IT WORKS: Measure: Link SKU sales data to queue data Monitor & test: Find the waiting-to-selling sweet spot Manage: Increase or decrease wait times to maximize in-queue sales The end result? The upside of a great in-queue merchandising plan: Capture more impulse sales! Increase profit per square foot Keep customers engaged while they wait Decrease perceived wait times Increase customer satisfaction http://nextrac.lavi.com/merchandising

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Page 1: How to Maximize Impulse Sales in Your Queue

THE OPPORTUNITY:

HOW TO MAXIMIZE

IMPULSE SALESIN YOUR QUEUEWITH IN-QUEUE MERCHANDISING

Up to 65% of retail salesARE DRIVEN BY IMPULSE SHOPPING

How can you maximize your share of these sales in the ONE place where your

customers are waiting around?

Streamline the flow ofcustomers through your queue.

1

THE PROBLEM:

Customers will walk away at the sight of an unorganized or seemingly too-long queue.

Before you can even think about merchandising, think about the line itself.

Organize the formation and structure of your queue for maximum productivity.

THE SOLUTION:

Merchandising in the queue can transform otherwise idle space into profit-generating,

customer-satisfying space.

WHAT YOU’LL NEED:

A smart formation Choose a single-line queue to maximize merchandising

opportunities and minimize wait times.

StanchionsOutline the formation of your line to give it

structure.

Belts & Merchandising PanelsConnect stanchions together

to create customer flow.

SignageGive customers instructions on

where the line forms and where to wait for the next open register.

ENTER

Be smart about merchandising.

2

$

$

THE SOLUTION:

WHAT YOU’LL NEED:

$

Turning an ordinary queue into a profit center can be quick and easy with the right merchandising system.

Merchandising & display panelscombine with line-forming stanchions to create an orderly, interesting, and productive queue.

Accessoriessuch as merchandising bowls, baskets, shelves, and hooks offer a compelling way to present the products that are right for your shoppers.

ENTER

Measure, test, and optimize.

3

Strike the right balance between merchandising

mix and wait times.

Prove the combination you’ve chosen is really

working.

THE OPPORTUNITY:

Optimize your front-end merchandising plan.

Merchandising analytics can deliver key queuing-related data such asimpressions and dwell time. Combined with

product sales data, you can have a clear view into your

front-end merchandising approach.

THE SOLUTION:

HOW IT WORKS:

Measure: Link SKU sales data

to queue data

Monitor & test: Find the

waiting-to-selling sweet spot

Manage: Increase or

decrease wait times to maximize

in-queue sales

The end result?

The upside of a great in-queue merchandising plan:

Capture more impulse sales!

Increase profit per square foot

Keep customers engaged while they wait

Decrease perceived wait times

Increase customer satisfaction

http://nextrac.lavi.com/merchandising